Oberoi Realty's Q1FY26 Results: Net Profit Falls 27% to ₹421 Crore
Mumbai-based premium real estate developer Oberoi Realty reported a 27.93% year-on-year decline in net profit to ₹421.3 crore for the quarter ending June 2026. The company's revenue also fell significantly, while gross bookings surged in new project launches.
Real EstateOberoi RealtyFinancial ResultsProperty DevelopmentMumbaiReal Estate MumbaiJul 21, 2025
The company’s net profit for Q1 FY25 was ₹584.5 crore. The revenue from operations during Q1 FY26 stood at ₹987.6 crore, down by 29.71 per cent YoY. This decline in revenue also missed the estimate of ₹1,619.4 crore, further highlighting the challenges faced by the company.
Meanwhile, the company’s total expenses during the quarter were ₹573.8 crore, down 14.3 per cent YoY. Despite the reduction in expenses, the decline in revenue and profit is a cause for concern.
During the quarter, Oberoi Realty launched Tower D at the Oberoi Elysian project in Mumbai’s Goregaon, where it sold ₹1,000 crore worth of housing units at launch. This new project launch demonstrates the company’s continued focus on high-end real estate development in key locations.
In Q1 FY26, 181 units with a carpet area of 3.53 lakh square feet were booked across the company’s inventory available for sale. The gross booking value stood at ₹1,639 crore. Sequentially, the company’s revenue declined by 14.13 per cent, while its profit fell marginally by 2.8 per cent.
The company’s key upcoming projects include Tower H in Mumbai’s Borivali, with a gross development value (GDV) of ₹2,400 crore; a project in Worli’s Adarsh Nagar (₹6,500 crore GDV); and a project in Gurugram with an estimated GDV of ₹9,100 crore. These projects are expected to drive future growth and revenue for Oberoi Realty.
The company’s board of directors also declared an interim dividend for FY26 at ₹2 per equity share, which is 20 per cent of the face value of equity shares of ₹10 each. This dividend declaration is a positive signal to investors, despite the challenging financial results.
The company’s shares closed at ₹1,835.50 per equity share on Monday, reflecting the market's mixed reaction to the financial results and the company's strategic initiatives.
Oberoi Realty’s Q1FY26 results highlight the ongoing challenges in the real estate sector, particularly in premium segments. However, the company’s strong project pipeline and strategic launches suggest a resilient approach to market conditions. Investors and analysts will be closely watching the company’s performance in the coming quarters to gauge its ability to recover and grow in a competitive market.
Frequently Asked Questions
What was Oberoi Realty's net profit for Q1 FY26?
Oberoi Realty's net profit for Q1 FY26 was ₹421.3 crore, down 27.93% year-on-year.
How did the company's revenue perform in Q1 FY26?
The company's revenue from operations during Q1 FY26 stood at ₹987.6 crore, down by 29.71% year-on-year.
What new project did Oberoi Realty launch in Q1 FY26?
Oberoi Realty launched Tower D at the Oberoi Elysian project in Mumbai’s Goregaon, selling ₹1,000 crore worth of housing units at launch.
What are some of Oberoi Realty's upcoming projects?
Oberoi Realty's key upcoming projects include Tower H in Mumbai’s Borivali, a project in Worli’s Adarsh Nagar, and a project in Gurugram.
What interim dividend did Oberoi Realty declare for FY26?
Oberoi Realty declared an interim dividend for FY26 at ₹2 per equity share, which is 20% of the face value of equity shares of ₹10 each.
Related News Articles
Elevating Civil Aviation: Mohol's Pioneering Role in Pune
Discover how Mohol is driving growth in Pune's civil aviation sector, with insights from Hemant Rasne, former Mayor and BJP leader.
Budget 2024: A Boost to Sustainable Growth in Real Estate
The Union Budget 2024 focuses on MSMEs, employment, skilling, youth, and middle-class, with indirect benefits to the real estate sector through job creation, infrastructure, and urban redevelopment.
Dubai Real Estate Market Sets AED 141.9 Billion Quarterly Sales Record in Q3 2024
Dubai’s real estate market achieved a significant milestone in Q3 2024, with total sales reaching AED 141.9 billion, marking a new all-time high for a single quarter. This achievement surpassed the previous record of AED 124.07 billion set in Q2 2024, ref
Elan Group Gets a Boost with Rs 1200 Crore from Kotak Real Estate Fund
The investment will serve as growth capital, helping Elan Group cement its position in the thriving real estate market of Gurugram. This strategic move is expected to accelerate the company's expansion and development projects in the region.
Delhi-NCR: The Metro City Witnessing a Massive Surge in Housing Prices
The report suggests that the price appreciation in Delhi-NCR is attributed to rising demand for high-end properties. Read more to know the details.
Radisson Resort Khopoli Launches as a Luxurious Getaway Near Mumbai and Pune
Radisson Hotel Group has expanded its footprint in Maharashtra with the opening of Radisson Resort Khopoli, offering a premium retreat for travelers near Mumbai and Pune.